Hope that helps!

Does sound like a great way to get sued and lose though.I get where your coming from on that.

I'm hopeful we can find more productive ways with less red tape in the future outside of LIHTC leveraging technology since standard construction really could use an overhaul.  

When you have a duplex and tenants on both sides stay for ten years, it almost guarantees that something isn't right.I would study your market and determine the value of your rental, because I bet you are losing money every month.

For example is a personal loan from a bank is 7.5 % that you could use as a down payment (after its seasoned), and your 401k loan is 4.5% but the 401k is expected to return 7.5% per year the money you save on one end you miss out on the other end basically and if your 401k returns are 20%, then you lose out significantly. 2.

Been licensed for nearly a decade, I got into wholesaling shortly after because I was tired of losing deals and investors to wholesalers—I couldn’t beat them, so I joined them.

Quote from @Samuel Garnatz: Hope that everyone had a great Thanksgiving holiday and wanted to make a quick introduction!

In my experience that makes this a low risk deal as there are very few ways to lose money on it.

Sorry I am a little late responding but hope this helps!

Hoping to connect with fellow Canadians that have invested in Detroit and start making local connections too!